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MPLX (MPLX) Ratios
MPLX Ratios
MPLX's free cash flow for Q2 2026 was $877.00M. For the 2026 fiscal year, MPLX's free cash flow was decreased by $-825.00M and operating cash flow was $1.70B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.23 | 1.01 | 1.07 | 0.79 | 0.45 |
| Quick Ratio | 1.18 | 0.96 | 1.01 | 0.73 | 0.41 |
| Cash Ratio | 0.66 | 0.47 | 0.40 | 0.10 | 0.00 |
| Solvency Ratio | 0.22 | 0.24 | 0.22 | 0.23 | 0.19 |
| Operating Cash Flow Ratio | 1.82 | 1.84 | 2.06 | 2.09 | 1.47 |
| Short-Term Operating Cash Flow Coverage | 3.80 | 3.42 | 4.57 | 4.84 | 8.75 |
| Net Current Asset Value | $ -24.48B | $ -20.23B | $ -20.14B | $ -20.25B | $ -20.98B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.61 | 0.57 | 0.57 | 0.57 | 0.54 |
| Debt-to-Equity Ratio | 1.83 | 1.56 | 1.57 | 1.51 | 1.49 |
| Debt-to-Capital Ratio | 0.65 | 0.61 | 0.61 | 0.60 | 0.60 |
| Long-Term Debt-to-Capital Ratio | 0.63 | 0.58 | 0.59 | 0.58 | 0.59 |
| Financial Leverage Ratio | 3.01 | 2.72 | 2.74 | 2.65 | 2.78 |
| Debt Service Coverage Ratio | 2.87 | 2.47 | 2.89 | 3.09 | 3.61 |
| Interest Coverage Ratio | 4.84 | 5.74 | 5.31 | 5.31 | 4.54 |
| Debt to Market Cap | 0.47 | 0.43 | 0.56 | 0.60 | 0.61 |
| Interest Debt Per Share | 26.64 | 22.00 | 21.82 | 21.02 | 19.42 |
| Net Debt to EBITDA | 3.29 | 3.02 | 3.26 | 3.31 | 3.67 |
| Profitability Margins | |||||
| Gross Profit Margin | 45.23% | 44.18% | 43.73% | 40.69% | 42.35% |
| EBIT Margin | 50.29% | 48.71% | 46.71% | 45.86% | 40.79% |
| EBITDA Margin | 61.72% | 60.47% | 58.34% | 57.53% | 54.23% |
| Operating Profit Margin | 40.30% | 48.50% | 46.96% | 46.59% | 41.69% |
| Pretax Profit Margin | 41.97% | 40.05% | 38.12% | 37.81% | 32.51% |
| Net Profit Margin | 41.57% | 39.59% | 37.65% | 37.42% | 32.14% |
| Continuous Operations Profit Margin | 41.91% | 39.96% | 38.01% | 37.74% | 32.50% |
| Net Income Per EBT | 99.03% | 98.86% | 98.77% | 98.95% | 98.84% |
| EBT Per EBIT | 104.16% | 82.58% | 81.16% | 81.16% | 77.98% |
| Return on Assets (ROA) | 11.42% | 11.51% | 10.75% | 11.06% | 8.67% |
| Return on Equity (ROE) | 34.35% | 31.33% | 29.43% | 29.26% | 24.08% |
| Return on Capital Employed (ROCE) | 11.98% | 15.43% | 14.45% | 14.76% | 12.41% |
| Return on Invested Capital (ROIC) | 11.51% | 14.65% | 13.93% | 14.29% | 12.20% |
| Return on Tangible Assets | 14.95% | 14.71% | 13.91% | 14.44% | 11.39% |
| Earnings Yield | 9.03% | 8.88% | 10.69% | 11.89% | 10.13% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.19 | 7.06 | 6.68 | 7.13 | 7.28 |
| Payables Turnover | 59.93 | 41.41 | 38.37 | 27.91 | 32.09 |
| Inventory Turnover | 37.63 | 33.82 | 36.92 | 42.24 | 38.87 |
| Fixed Asset Turnover | 0.53 | 0.55 | 0.53 | 0.54 | 0.47 |
| Asset Turnover | 0.27 | 0.29 | 0.29 | 0.30 | 0.27 |
| Working Capital Turnover Ratio | 30.07 | 96.92 | -66.88 | -9.02 | -7.94 |
| Cash Conversion Cycle | 54.36 | 53.66 | 55.01 | 46.78 | 48.18 |
| Days of Sales Outstanding | 50.75 | 51.68 | 54.64 | 51.21 | 50.17 |
| Days of Inventory Outstanding | 9.70 | 10.79 | 9.89 | 8.64 | 9.39 |
| Days of Payables Outstanding | 6.09 | 8.81 | 9.51 | 13.08 | 11.37 |
| Operating Cycle | 60.45 | 62.48 | 64.53 | 59.85 | 59.56 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 5.80 | 5.85 | 5.39 | 4.97 | 4.78 |
| Free Cash Flow Per Share | 4.02 | 4.81 | 4.46 | 4.17 | 4.27 |
| Dividend Paid and CapEx Coverage Ratio | 1.01 | 1.28 | 1.27 | 1.30 | 1.20 |
| Capital Expenditure Coverage Ratio | 3.27 | 5.63 | 5.76 | 6.23 | 9.28 |
| Operating Cash Flow Coverage Ratio | 0.23 | 0.28 | 0.26 | 0.25 | 0.26 |
| Operating Cash Flow to Sales Ratio | 0.50 | 0.55 | 0.52 | 0.48 | 0.51 |
| Free Cash Flow Yield | 7.54% | 10.06% | 12.13% | 12.70% | 14.42% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 11.07 | 11.37 | 9.36 | 8.41 | 9.88 |
| Price-to-Sales (P/S) Ratio | 4.60 | 4.46 | 3.52 | 3.15 | 3.17 |
| Price-to-Book (P/B) Ratio | 3.80 | 3.53 | 2.75 | 2.46 | 2.38 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 13.26 | 9.94 | 8.24 | 7.87 | 6.93 |
| Price-to-Operating Cash Flow Ratio | 9.20 | 8.18 | 6.81 | 6.61 | 6.19 |
| Price-to-Earnings Growth (PEG) Ratio | 0.76 | 1.15 | 4.39 | 0.27 | -0.02 |
| Enterprise Value Multiple | 10.75 | 10.39 | 9.30 | 8.78 | 9.52 |
| Enterprise Value | 78.41B | 68.54B | 56.62B | 53.23B | 49.44B |
| EV to EBITDA | 10.75 | 10.39 | 9.30 | 8.78 | 9.52 |
| EV to Sales | 6.64 | 6.29 | 5.43 | 5.05 | 5.16 |
| EV to Free Cash Flow | 19.12 | 14.02 | 12.70 | 12.64 | 11.28 |
| EV to Operating Cash Flow | 13.27 | 11.53 | 10.49 | 10.61 | 10.07 |
| Tangible Book Value Per Share | 4.29 | 5.75 | 5.28 | 5.11 | 4.41 |
| Shareholders’ Equity Per Share | 14.03 | 13.56 | 13.34 | 13.35 | 12.44 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue Per Share | 11.60 | 10.73 | 10.42 | 10.44 | 9.32 |
| Net Income Per Share | 4.82 | 4.25 | 3.92 | 3.90 | 3.00 |
| Tax Burden | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Interest Burden | 0.83 | 0.82 | 0.82 | 0.82 | 0.80 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.19 | 1.36 | 1.37 | 1.26 | 1.58 |
Currency in USD